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Monday, November 30, 2015

On 24 Nov 2015, I posted a blog post on Noble Group stock, saying how at its current price of $0.40, the stock was oversold and made for good valuation for investors who would like to buy the stock at a bargain. Today, Noble Group stock headed north by 6.25% to close the trading day at $0.425. Noble Group stock, from what I read in the local newspapers was the worst faring STI stock year-to-date, ever since Noble Group was the subject of short seller reports and from then, it has attracted its fair share of critics; in middle Nov 2015, Noble Group attracted the comments from two rating agencies mentioning how they might reduce the credit rating of Noble Group stock if the company did not do anything to improve its liquidity ratio.

Sunday, November 29, 2015

Dear readers, becoming rich is not impossible, becoming rich is a choice. And when you make that choice to become rich, you will have to take the steps towards wealth creation, towards being rich.

Investment and trading are definitely routes towards wealth creation but not many people succeed in their investing journey towards wealth creation. This may be surprising to some since in this internet world, there is so much more information flowing all around us. But like everything in the world, there ought to be a balance. What kind of information is flowing around investors? Is it “noise”? Do some investors buy a stock on some stock analysts’ recommendation only to experience the “southing” of the stocks they buy?

Friday, November 27, 2015

I was at the bookstore when I noticed a new wealth title. The book is called “The $100 Startup”. The essence of the book is simply the idea that one can become wealthy if they are to harness on their Passion and Skills to solving a Problem in the society. For example, if a person’s Passion is eating great food and his skills is writing, then he can look into starting a business writing about some kind of exotic food that the market will pay to read reviews of.

Thursday, November 26, 2015

When it comes to investing and trading, many investors are fixated on how much they can profit from the stocks markets. By having this focus on “How much”, many investors would easily be swayed by the emotions of the markets. This usually takes the form of speculation, buying in when a stock is rocketing up, only to find that the “Big Boys” are starting to sell the stocks away or it can take the form of trying to average down a “losing stock” when the stock can actually still head lower. I would like to advise investors to steer away from the “How much” mentality to the “How” mentality.

Wednesday, November 25, 2015

Investors generally invest in a stock for long-term growth prospects of the company by holding some shares of the company. Thus some investors like to think of themselves as shareholders of a particular company or even a joint-owner of the company. Generally, I like such notion of an investor having a stake in a company. Though I am a full-time employee holding a job, being an investor allows me to think in such a way that I am owning some companies.

Tuesday, November 24, 2015

Noble Group stock is oversold, according to the RSI and I believe that the selling is overdone. Noble Group stock has been the subject of short sellers reports but since its announcement of a large decline in its net profits, both Moody’s and S&P have cited credit rating concerns with Noble Group’s financials and this has led to further southing of Noble Group stock price.

Monday, November 23, 2015

The week of 16 Nov to 20 Nov 2015 was to me a tempting trading week. As expected, the minutes of the US Federal Reserves pointed to a likelihood of US interest rate hikes. When that minutes were released, US stocks actually headed up. To some, this should led to a decline in US stock indices as we have already observed from the so many “interventions” of the US Federal Reserves’ rate hike clues on the stocks markets. Singapore stocks markets followed in the footsteps of the regional, global stocks markets in all these euphoria, I initiated a “Buy” call on a stock at a certain price.

Sunday, November 22, 2015

Every Saturday night, I will tune in to a show which I enjoy very much. The show is screened on one of the Star Hub’s paid channels and it is called “Somewhere Streets”. “Somewhere Streets” is a unique travel show that takes viewers to different countries via a walking webcam mounted on the traveler. As its name implies, the show does not zoom into the common places of interests in the different countries, rather it is a show focusing on the different streets and the common life of the people living around the streets. This show is very relaxing to watch, especially coupled with the very lovely song. There are always surprises too as the viewer will not know when the next turn of the street will toss out.

Saturday, November 21, 2015

Singapore has now two Education Ministers. Ng Chee Meng focuses on schools while Ong Ye Kung focuses on continuing skills. My take on the double-portfolio of the Education Ministry is that this is a correct direction to take Singapore forward. Singapore today is not Singapore decades ago when if you are a graduate, you will have a nice job with a nice pay in general. In fact, in today’s Singapore, good high-paying jobs are highly-coveted.

Friday, November 20, 2015

Lacklustre Singapore stocks performance are usually explained in terms of the performance of the regional and international stocks markets performance. This is because Singapore stocks markets, is a price taker and not a price maker as we are shaped by how the US, China and Europe stocks markets perform. However, I would like to share one more perspective that contributes to the lacklustre showing of Singapore stocks.

Thursday, November 19, 2015

I know many people who are not happy at their jobs, because of remuneration matters. Many people think that they deserve a better pay and hence are not happy every day going to work, spending long hours at a job they do not love and one which does not pay them as much as they expect. Unless one has a high salary, it really takes some work to create wealth from one’s savings.

Wednesday, November 18, 2015

Jumbo stock has a strong IPO showing before heading south; however it is still a respectable performance so far for this “chili crabs” stock. Jumbo stock has also attracted some prominent investors, including the boss of a listed company in Singapore. Going forward, should one buy, hold or sell Jumbo stock?

Tuesday, November 17, 2015

Singapore has lost a business leader, a philanthropist, an environment advocate and a photography enthusiast in the late Mr Kuek Leng Joo, the Deputy Chairman of City Development Limited. Being attuned to financial and investing news, I have long ago been familiar with the names of Mr Kuek Leng Beng and Mr Kuek Leng Joo, one of the richest families in Singapore with businesses including Hong Leong Asia, City Development Limited and Hong Leong Bank with them being prominent figures in Singapore.

Robert Kiyosaki will be coming to Singapore to stage a financial and wealth creation event. Robert Kiyosaki is most famous for his first book “Rich Dad, Poor Dad” which presents to the world the income sheet, balance statement of an individual. If one thinks that Robert Kiyosaki is famous for just this, one will not have benefitted from Robert Kiyosaki’s thinking. To benefit fully from Robert Kiyosaki, one should read as much of his latter books as possible. If you read his latter books and believe in these concepts, I believe your financial life will improve and you will understand how to play the game of wealth.

Monday, November 16, 2015

Dear readers, the global stocks markets has some mild corrections in the week of 9 Nov 2015 to 13 Nov 2015 and Singapore stocks, especially the commodities stocks have been sold and some of these were oversold. One of these stocks is none other than Noble Group stock. Noble Group stock went south by 11% on 13 Nov 2015 and the current RSI is just above the Oversold region. Noble Group closed at $0.445 on 13 Nov 2015.

Saturday, November 14, 2015

Dear readers, this post is an update to All readers about Singapore Stocks Investing (SSI) newsletters. Thank You to All of you who have subscribed to my newsletters! I have received a strong support for my newsletters and I hope that you would have found my newsletters useful if you have received at least once before. I must apologize that if you have been thinking of receiving the newsletters on a more frequent basis like daily. Well, what I could guarantee all email newletters subscribers is that the newsletters will be made to all readers regularly. Rather than spamming every subscriber’s email inbox, I believe in quality content, and hence would rather take some time to craft a useful and meaningful email newsletter to you rather than filling your inbox with some emails to sign up for another course or buy some products.

Friday, November 13, 2015

My principles behind the setting up of the Singapore Stocks Investing blog are clear: to share with readers, investors the way to profit from the Singapore stocks markets through what I have learned and experienced from the Singapore Stocks Markets. Throughout my blogging journey, sharing my investment and trading thoughts, I have received plenty of positive comments though I have received a few comments which are not as positive. These not so positive comments stem mainly from two views: one that do not agree with the techniques which I have shared and the other is that Singapore Stocks Investing is about attracting web traffic.

Wednesday, November 11, 2015

It has been some time since I have entered some new positions in the Singapore stocks markets. In stocks investing, there is no competition with others unlike school or in career. We are basically managing our own monies, investing them with an aim to grow our monies so that our monies can work hard for us, at least beating the rates of inflation. If we find investing as something to do better than others, then we will have some emotional bias when investing; this will cloud our ability to think rationally when it comes to investing and we will not have good investing experience.

Tuesday, November 10, 2015

Dear readers, today is Deepavali and I would like to wish all readers a Happy Deepavali holidays. Singaporeans work long hours in general and work hard and beside the weekends and annual leaves, public holidays are days when Singaporeans can take time off work and spend time with our families, doing the things that are much bigger than working for an income.

Monday, November 9, 2015

Dear readers, on 10 Aug 2015, I have blogged about how a stock could be the next multi-bagger stock to come. The stock was trading at $0.059 a share back then. On 6 Nov 2015, the stock has traded at $0.085 a share, which represented an impressive 44% gain. What is this stock which I have shared with others? What is this stock which has been neglected by many? Well, this stock is none other than TT International stock and you can read my blog post on 10 Aug 2015 here .

Saturday, November 7, 2015

Singapore stocks rally mostly with leads from overseas markets, corporate actions or themes. For the upcoming Singapore stocks which may rally next, we would need to look at a theme which has been picked upon before but which could exert its effect on certain Singapore stocks more next and that is none other than the Myanmar general elections.

Friday, November 6, 2015

JENNY BAKERY is famous for its bear biscuits, so it was definitely a must to buy some tins of Jenny Bakery Biscuits when my wife and I went for our Hong Kong Tour.Getting to Jenny Bakery in Hong Kong is a breeze as we went to the Tsim Sha Tsui branch. We exited from D2 of Tsim Sha Tsui MTR station as advised by our map and went on to locate Mirador Mansion. We went checking out few buildings before realizing that Mirador Mansion is actually the nondescript building beside exit D2. According to our internet research, one must go to Jenny Bakery early, before 630pm before the bakery closes for the day. We went there around 5pm (Singapore, Hong Kong time). Going inside the ground floor of Mirador Building, we were greeted by a colourful shop selling what in Mandarin is called "Small Bear Biscuits", but it is not Jenny Bakery from the name of the shop. Then we saw in the more interior of the building, a long queue in a shop and without doubt, it is Jenny Bakery!

Singapore stocks markets are not making any advances or showing much declines for the week 2 Nov 2015 to 6 Nov 2015. It is not easy to trade against such “flattish” conditions. Rather, the focus for Singapore stocks for the above week was actually the proposed exit offer for two stocks: Biosensors International stock and Tiger Airways stock. The exit price for both stocks were really low and when the companies gave investors who are vested in these stocks at much higher prices, there is little investors can do about it. Let us remember that Biosensors International stock had trade before in the range of above $1.20 to around $1.60 versus the exit offer of $0.84. Tiger Airways stock whose IPO was at $1.50 has an exit offer of only $0.41.

Thursday, November 5, 2015

Biosensors International stock rallied 19.9% yesterday (4 Nov 2015) as Biosensors International struck an agreement for CITIC to buy the remaining of Biosensors International at 84 cents per share. This is an exit offer of 84 cents which is far below what many retail investors have expected. As wrote by some netizens, the exit offer is around the net asset value of Biosensors International stock and the exit offer should rightfully be much higher since Biosensors International has definitely much higher potential in its products.

Tuesday, November 3, 2015

JUMBO, the company behind Singapore’s famous Chili crabs dishes is currently having its IPO. JUMBO was supposed to roll out its IPO much earlier but has postponed its IPO till now. Jumbo is headed by Mr Ang Kiam Meng and the last impression I have on Jumbo and Mr Ang Kiam Meng were the scenes of defeat back then in year 2013 by Gordon Ramsay over Jumbo. That was a well telecast contest of Gordon Ramsay versus three popular hawker stall owners and of the three, Jumbo was defeated by Gordon Ramsay. That was a scene which shocked Singaporeans, I mean it is Singapore’s popular Chili crabs which lost to a Gordon Ramsay who picked up the dish only hours after learning in the hawker centre. Ever since then, Gordon has gone on to open a restaurant in Marina Bay Sands The Shoppes.

Monday, November 2, 2015

Dear readers, today, the STI headed south once again, against the backdrop of China’s and US’ economic news. I think I have been stressing this point repeatedly in Singapore Stocks Investing, that is Singapore’s stock markets is a price-taker and we are shaped by the economic events in US, China and Europe.